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October 27, 2003 | Jon Healey, Times Staff Writer
The original Napster taught a generation how to download music without paying for it. The new version hopes to win young customers by letting them pay in advance. Prepaid cards for tunes from the Napster online store soon will be on sale at 14,000 electronics retailers, supermarkets, convenience stores and other outlets around the country, Santa Clara-based Roxio Corp. plans to announce today. The cards are being produced by InComm Inc.
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BUSINESS
October 27, 2003 | Jon Healey, Times Staff Writer
The original Napster taught a generation how to download music without paying for it. The new version hopes to win young customers by letting them pay in advance. Prepaid cards for tunes from the Napster online store soon will be on sale at 14,000 electronics retailers, supermarkets, convenience stores and other outlets around the country, Santa Clara-based Roxio Corp. plans to announce today. The cards are being produced by InComm Inc.
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BUSINESS
July 15, 2004 | Jon Healey
Napster, the online music service from Roxio Corp., plugged a major hole by adding downloadable albums from rocker Dave Matthews. The deal, which permits full-album purchases only, makes Napster and Matthews' website the only legitimate outlets for his music until mid-August. Analyst P.J.
BUSINESS
October 23, 2003 | Jon Healey, Times Staff Writer
Roxio Corp. on Wednesday reported lower quarterly sales and higher losses as it prepares to launch what's likely to be its most important product: a new version of the Napster online music service. In its fiscal second quarter, which ended Sept. 30, Santa Clara, Calif.-based Roxio lost $11.9 million, or 43 cents a share, compared with $1.8 million, or 9 cents, a year earlier. Revenue dropped to $22.8 million, down 18% from last year.
BUSINESS
September 9, 2004 | Jon Healey, Times Staff Writer
After selling downloadable songs at half-price for three weeks, RealNetworks Inc. has climbed the ladder of online music stores -- all the way to ... No. 2. Real sold about 3 million tracks during the promotion, which cost the company about $2 million, said Sean Ryan, vice president of music services. That's less than one-third as many downloadable songs as market leader Apple Computer Inc. typically sells in a three-week period.
BUSINESS
October 10, 2003 | Jon Healey, Times Staff Writer
Three years ago, it was ludicrous to think that Napster would win the backing of the record labels that were suing it for piracy. So it seemed appropriate that when Roxio Corp. unveiled its new, label-authorized version of Napster here on Thursday, the industry's blessings would be delivered by rapper Ludacris. "To see them come back and do it right, it means the world to the music business," said the rapper, whose latest CD is expected to top next week's sales charts.
BUSINESS
August 10, 2004 | Jon Healey, Times Staff Writer
Two years after buying Napster's name at a bankruptcy auction, Roxio Corp. has decided to bet its future on it. Roxio said Monday that it would sell its profitable line of digital-media software to Sonic Solutions for $70 million in cash and $10 million in stock. The deal would leave Roxio with a single product: the Napster online music service, which has yet to turn its first profit. After the deal closes in October, Roxio will change its name to Napster.
BUSINESS
January 29, 2004 | Jon Healey, Times Staff Writer
Coca-Cola Co., which famously offered to teach the world to sing in perfect harmony, now wants to teach the world to download in perfect legality. Coke said Wednesday that it was planning a joint promotion with San Diego-based MusicMatch Inc., becoming the fifth beverage company seeking to fizz up its brands with a partnership that taps the popularity of online music. PepsiCo Inc. will be the first out of the gate, offering as many as 100 million songs from Apple Computer Inc.'
BUSINESS
October 16, 2003 | Jeff Leeds and Terril Yue Jones, Times Staff Writers
Apple Computer Inc. thinks it's found a new tonic for success: Pepsi. The Cupertino, Calif., company, which reported fiscal fourth-quarter earnings Wednesday that beat analysts' expectations, is expected to announce today a promotion deal that would give Pepsi buyers free songs from Apple's fledgling online music service. Sources said the unveiling of the pact with PepsiCo Inc.
BUSINESS
January 8, 2004 | Jon Healey, Times Staff Writer
Companies big and small at the International Consumer Electronics Show this week are touting digital technology as the unifying language for computers, the Internet and home entertainment. Despite some major progress in bringing PCs and TVs together, though, there's still a lot being lost in translation -- and the Babel was evident Wednesday. In the annual convention's first keynote speech, Microsoft Corp.
BUSINESS
November 7, 2003 | Jon Healey, Times Staff Writer
Will "free" music sell on campus? Online music companies and record labels think they can neutralize piracy by offering college students a service that doesn't require them to shell out cash when they use it. The industry hopes it can make this kind of service a standard feature of campus life -- with the cost buried somewhere in student fees. The first pool of subjects in the ivory-tower experiment will be 18,000 students who attend Pennsylvania State University, where Roxio Corp.
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